Lairg

Area Guide For Lairg

Lairg is a town and area in Sutherland, Scotland. It has a populace of around 900 and is at the south-eastern end of Loch Shin.

Lairg is unordinary in the northern Highlands, if not interesting, in being a huge settlement that is not on the coast. One of the reasons that Lairg is marginally greater than other non-seaside Highland towns is its focal area inside the region of Sutherland. Having four streets which meet in the town, it used to be known as "The Crossroads of the North". In the nineteenth century, it was given a track station , on what is currently the Far North Line. This advancement implies that the north west of Sutherland is currently less demanding to get to.

 
 

Lairg Map

Estimated Price: £158,730
Average Asking Price: £290,630
Price change in last one year: £7,271
Average Price Paid: £130,620
Average Rent Rates: £693

 
 

Property Prices Breakdown in Lairg

Average Price for property in Lairg is around £158,730 which varies based on type of property you are interested in and ranges from £208,079 for detached house to around £101,357 for semi-detached. Similarly terraced house is around £122,884 and a flat is worth £70,081. Values have been changing and have risen £2,500 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,359 in last 6 months, £7,271 in last 1 year, £14,883 in last 2 years, £13,751 in last 3 years, £16,185 in last 4 years and £14,575 in last 5 years.

Currently average asking price of a property in Lairg is around £290,630 based on approximately 35 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £693 per month.

Estimated property value in Lairg is £158,730. Average asking price is £290,630 while average price paid is £143,757 which is up by £7,271 and Avg. asking rent £693.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Lairg area. In last 1 year alone average price buyer paid is around £143,757 based on approximately 35 sales in Lairg area alone. If you compare it to last 3 years sales of 118 properties where buyers paid around £133,708. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £130,620 for 190 and average amount paid for purchase of approx. 281 properties sold in last 7 years comes to about £133,126 per sale.

 
 

Properties For Sale in Lairg

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £129,667, £224,444 for a 3 bedroom house, £198,199 for a 4 bedroom house and £322,500 for a 5 bedroom house. To sum up the asking prices for properties in Lairg it comes to around average £129,667 for 2 bedroom property, £224,444 for 3 bedroom, £198,199 for 4 bedroom and £322,500 for 5 bedroom.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it is £693 for 4 bedroom. You should be generally be expecting around average £693 rent per month for 4 bedroom property in Lairg area.

Popular Houses in Lairg

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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